Jamaica - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Jamaica was 109,422,000,000 as of 2009. As the graph below shows, over the past 6 years this indicator reached a maximum value of 109,422,000,000 in 2009 and a minimum value of 57,006,500,000 in 2003.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2003 57,006,500,000
2004 58,282,180,000
2005 64,758,740,000
2006 75,428,160,000
2007 85,773,390,000
2008 97,409,430,000
2009 109,422,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Jamaica was 37.14 as of 2009. Its highest value over the past 6 years was 37.14 in 2009, while its lowest value was 28.94 in 2004.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2003 32.76
2004 28.94
2005 29.55
2006 29.56
2007 29.27
2008 29.83
2009 37.14

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Jamaica was 12.28 as of 2009. Its highest value over the past 6 years was 12.71 in 2003, while its lowest value was 11.32 in 2005.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
2003 12.71
2004 11.41
2005 11.32
2006 11.60
2007 11.66
2008 11.52
2009 12.28

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance